GIFT Nifty Hits Record $106.22 Billion Monthly Turnover
GIFT Nifty, the international Nifty futures contract, achieved a record monthly turnover of $106.22 billion in October 2025, surpassing its previous high of $102.35 billion set in May 2025.
Key Takeaways
- Record October turnover: $106.22 billion (2.11 million contracts)
- Cumulative turnover since July 2023 launch: $2.40 trillion
- Record open interest of 410,100 contracts on October 24, 2025
Exponential Growth Trajectory
Trading turnover on NSE International Exchange (NSEIX) has shown exponential growth since GIFT Nifty’s full-scale operations began on July 3, 2023. The platform has recorded over 52.77 million contracts to date.
“We are glad to witness the success of GIFT Nifty and express our sincere gratitude to all the participants for their overwhelming support and making GIFT Nifty a successful contract,” according to the NSE.
Market Dominance and Offerings
NSEIX, established on June 5, 2017 at GIFT City, holds over 99.7% market share in GIFT IFSC and is recognized by the International Financial Services Centres Authority.
The exchange offers comprehensive financial products including:
- Indian single stock and index derivatives
- Currency derivatives and depository receipts
- Global stocks and primary market products
- ESG debt securities and SPACs listings
Government Support
The milestone coincides with Union Finance Minister Nirmala Sitharaman’s October announcement of a foreign currency settlement system in GIFT City, aimed at boosting international trade and investment.
